v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Jan. 31, 2026
Jan. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 8,615,000 $ 6,528,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 246,000 363,000
(Gain) on sale of investments (777,000) (890,000)
Unrealized (gain) on equity investments (3,662,000) (1,505,000)
Provision for credit losses on accounts receivable 17,000 (18,000)
Reserve for obsolete inventory (26,000) 39,000
Deferred income taxes 778,000 264,000
Loss on sales of assets 30,000 2,000
(Increase) decrease in:    
Accounts receivable (224,000) 193,000
Inventories (831,000) 151,000
Prepaid expenses 175,000 (106,000)
Other receivables 9,000 27,000
Federal solar tax credit receivable (146,000) (2,375,000)
Income tax overpayment (600,000)
Increase (decrease) in:    
Accounts payable 3,000 57,000
Deferred gain on solar tax credit 47,000
Accrued expense (26,000) (63,000)
Income tax payable 460,000
Net cash from operating activities 3,581,000 3,174,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
(Purchase) of property and equipment (133,000) (359,000)
Proceeds from sale of marketable securities 19,000 670,000
(Purchase) of marketable securities (977,000) (806,000)
Distribution from investment in limited land partnership 25,000 269,000
Net cash from investing activities (1,066,000) (226,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
(Purchase) of treasury stock (56,000) (32,000)
Dividends paid (4,467,000) (4,448,000)
Net cash from financing activities (4,523,000) (4,480,000)
NET CHANGE IN CASH AND CASH EQUIVALENTS (2,008,000) (1,532,000)
Cash and Cash Equivalents, beginning of period 6,471,000 7,112,000
Cash and Cash Equivalents, end of period 4,463,000 5,580,000
Supplemental Disclosure for Cash Flow Information:    
Income taxes 1,430,000 320,000
Interest paid 2,000 1,000
Cash receipts for:    
Income taxes $ 226,000 $ 19,000